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America's Free Lunch Is Over

How Should the Middle East invest its Rising Trade Surplus?

Michael Hudson •ï¿½June 23, 2008

•ï¿½1,200 Words •ï¿½Leave a Comment

Published in the June 2008 issue of The Gulf, a weekly business news magazine published in Bahrain, and in Counterpunch Every week Mid Eastern countries acquire more dollars in payment for their oil and other exports, and also for rising U.S. investment in their stock markets and other property. This confronts them with a problem:... Read More

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